The company opened the first fundraiser August 4, saying at the time that the funds “would be used for general corporate purposes, including working capital, general and administrative matters, development of its spaceship fleet and other infrastructure to scale its commercial operations.”
Virgin Galactic had cash and securities totaling $874 million at the end of the first quarter, it reported in May.
The company has a single carrier aircraft, VMS Eve, and one spacecraft, VSS Unity, which it has said can conduct flights as frequently as once a month.
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